ST. LOUIS � Electric rates for customers of Ameren Missouri will decrease 6 percent starting today, with the St. Louis-based utility crediting legislation passed by state lawmakers and action by the Missouri Public Service Commission.
Ameren said the $167 million rate cut is the result of federal tax reductions passed by Congress in December and approved by Missouri lawmakers and regulators earlier this year.
A typical residential customer is expected to pay about $6.21 less per month. Ameren said the lower base electric rates will be frozen until April 2020.
Ameren said the rate reduction is part of its Missouri�s Smart Energy Plan, which also includes plans for grid modernization.
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